The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $189,483 settlement with NewTek, Inc. (“NewTek”), a company headquartered in San Antonio, Texas that develops and supplies live production and 3D animation hardware and software systems.  The agreement settles NewTek’s potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR) that occurred between December 2013 and May 2018 when NewTek indirectly exported goods, technology, and services from the United States to Iran through third-country distributors.  OFAC determined that NewTek voluntarily self-disclosed the apparent violations and that the apparent violations constitute a non-egregious case.  

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